What contract needs to be written for the writer to retain his rights to the story and the investor to the film?

I am trying to produce a short independent film. The writer would like to retain the rights to the story for future use. The investor would like to keep the rights to the film.

Asked on July 29, 2012 under Business Law, Arizona

Answers:

Anne Brady / Law Office of Anne Brady

Answered 8 years ago | Contributor

Your are right that you need to have a contract drawn up that spells out the rights of each of the parties in this situation.  You should probably meet with an attorney and go through what each party brings to the project and what each party would like to have rights to, and have the attorney draw up the contract.  It will be worth the small fee s/he will charge to have it done right.


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